Insurance Resources

Tools, policyholder responsibilities and more about crop insurance.

Crop Insurance Podcasts

Members of our experienced crop insurance team discuss how crop insurance and marketing goals can work together to provide the best financial return. Listen to our audio programs to learn more.

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Trigger Yield Calculator

Trigger yields assist producers with crop insurance and risk management decisions. Understanding what will trigger loss payments is an important part of choosing the correct level of crop insurance coverage.

Crop Price History

With the Revenue Protection plan, a price guarantee is set in both the spring (Projected) and fall (Harvest). Your final Revenue Guarantee is based on the higher of the spring or fall price. See how prices change from the time they are set before planting until harvest with our price history chart.

corn price history chart

The projected price for corn is $4.66 in 2024 and the harvest price was $4.88 in 2023.

soybean price history chart

The projected price for soybeans is $11.55 in 2024 and the harvest price was $12.84 in 2023.

winter wheat price history chart

Iowa and Wyoming winter wheat prices differ.

The Projected Price for winter wheat was $7.11 in 2014 and has increased to $7.38 in 2024. The Harvest Price for winter wheat was $6.43 in 2014 and has increased to $8.42 in 2023.

Calculation Periods

Find the commodity exchange price calculation periods for various crops.

corn-stalk
Corn

Commodity Exchange: Chicago Board of Trade (CBOT)
Contract Month: December
Projected Price: February average daily settlement price
Harvest Price: October average daily settlement price

Soybean
Soybeans

Commodity Exchange: CBOT
Contract Month: November
Projected Price: February average daily settlement price
Harvest Price: October average daily settlement price

Corn and Soybean Moisture Adjustment Factors

Moisture adjustment is applied prior to applying any qualifying quality adjustment factors such as test weight, kernel damage, etc.

corn-stalk
Corn

Moisture adjustment results in a reduction in production to count of 0.12 percent for each 0.1 percent moisture in excess of 15 percent through 30 percent and 0.2 percent reduction for each 0.1 percent above 30 percent.

Soybean
Soybeans

Moisture adjustment results in a reduction in production to count of 0.12 percent for each 0.1 percent moisture in excess of 13 percent.

Crop Insurance Price Guarantees

Spring price discovery takes place every February and fall price discovery takes place every August/September. During the survey period, market expectations for prices are averaged to determine the spring (or fall) crop insurance price.

When combined with a farmer’s yield history, the spring (or fall) prices and yield determine the level of revenue protection available during the crop year. 

Crop Insurance Resources

Crop Insurance Guide

Our crop insurance guide provides valuable insights and information for key crop insurance dates, reminders, and product comparisons. With our years of experience in the agriculture industry, we know that every farm has its own challenges that need to be addressed, and our guide can help you be more prepared.

Download the guide to learn more.

person sitting outside holding tablet with FCSAmerica Crop Insurance Guide on the screen

Key Crop Insurance Dates

Important upcoming deadlines for crop insurance.

November 5, 2024

Harvest Price Announced
Corn and Soybeans

November 14, 2024

Production History Due Date
Winter Wheat, & Winter Wheat & Spring Wheat on Same Policy

November 15, 2024

Acreage Report Deadline
Winter Wheat

March 5, 2025

Projected Price Announced
Corn, Soybeans, Spring Wheat

Additional Resources

Policyholder Responsibilities

Find guidelines and responsibilities for your crop insurance policy.


Related Agricultural Links and External Resources

Farm Credit Services of America provides these links solely as a service to our customers and agricultural community, therefore should not be construed as advocating or reflecting any position of Farm Credit Services of America. In addition, Farm Credit Services of America does not guarantee the content for accuracy of any information presented at these sites.

Crop Insurance Abbreviations

Common abbreviations and acronyms used to describe crop insurance plans and details.

AbbrevTerm
AFAnnual Forage
AIPApproved Insurance Provider
APHActual Production History
APHTHActual Production History Transfer History
ARAcreage Report
AbbrevTerm
ARDAcreage Reporting Date
ARPIArea Risk Protection Insurance
BFRBeginning Farmer and Rancher
BPCommon Crop Insurance Policy Basic Provisions
BUBasic Unit
Farm Credit Services of America customer

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